Mike Tyson was the most flamboyant bad boy of the sport from the 1980s. He dismantled all his opponents to become the youngest heavyweight champion of the world. ‘Iron’ earned millions of dollars by putting his opponents to sleep. He was a fan of luxury and lush items. In his reigning span in boxing, Tyson spent countless money only mansions, cars, and whatnot.
“Really?” That’s what they said!”
Adding to his above statement subsequently, he said, “I don’t think about how much money I had. The word ‘had’ is one of the worst words in the American language. ‘I had this, I was this, I used to be this’. It’s all about now, the moment.”
In the aforementioned interview, Mike couldn’t convey much on the $300 million claims. He emphasized living in the present and enjoying what we have at the moment instead of crying over what we ‘had’.
Mike Tyson went bankrupt in 2003
While Tyson was on a career-high, he earned multifarious cash. But to everyone’s surprise, he filed for bankruptcy in 2003. Tyson had $23 million in debts. He owed $13.4 million to the Internal Revenue Service, $600,000 to several law firms, $500,000 to his financial manager, $800,000 to a former trainer, and so on.
Tyson even accused his long-time friend and promoter, Don King, of cheating him over millions of dollars. He sued him for $100 million dollars but was later paid a handsome amount of $14 million for settlement.
Tyson’s lavish lifestyle caused him to blow away all his cash. He spent ridiculously on plush vehicles and properties. He even owned a Serbian tiger back then.
Many fighters will come and go, but no one could ever be another Mike Tyson. Since his debut, he has been making his way to the news headlines for his antics inside and outside the ring.
What do you make of Tyson’s bizarre life stories?